MIXED USE DEVELOPMENT PROJECT - WELISARA, MILLAGAHAWATTA

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Approx. LKR Rs. 8,892.53 Mn / 8.892 Bn

Estimated Total Project Cost

** Price escalations will be provided as per CIDA indices

Project Duration – 2.5 Years

Welisara is a large suburb of Colombo city, in Western Province, Gampaha District Sri Lanka, situated around 17 km from Colombo city centre. This suburb is situated on A3 highway from Colombo to Negombo. Welisara has become a popular area for living and buying property and has recently become the 3rd most popular city for house searches, according to property website LankaPropertyWeb.com

LOCATION ADVANTAGES OF THE SITE

SITE DESCRIPTION

TECHNICAL DETAILS / PROJECT SCOPE

This intended mix-used development integrates multiple uses such as offices, commercial, and Construction of 130 affordable residential  units with following requirements and other ancillary facilities in the scope of works.

Floor Area (sq.ft.)

Description

No of Housing Units

700

 (2 Bedroom Apartment)

2 bedroom, living area, kitchen, common bathroom, balcony

204 Units

908

 (3 Bedroom Apartment)

3 bedroom, living area, kitchen,

attached bathroom & common bathroom , balcony

204 Units

 

SITE WEATHER

** Price escalations will be provided as per CIDA indices

usda

The Urban Settlement Development Authority (USDA),which was established in 2008 by Parliament Act No. 36 of 2008, is an institution functioning under the Ministry of Urban Development, Construction and Housing. The formulation of national policy in relation to urban settlement development and ensuring implementation of such policy, along with the provision of improvements to the living conditions of people in underserved settlements, are the interconnected twin objectives of the establishment of USDA.

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